Dec 18, 2012 2:00pm PST
"events that occurred in connecticut are a wakeup call to re-examine our investments." the california teacher's pension fund has a lot of money for those investments. $155 billion overall to be exact. remember $751 million of that is with cerberus. so facing that kind of clout cerberus announced at 1:00 a.m. this morning that it would sell freedom group and it would return the proceeds to investors. the company said -- cerberus said "it is apparent that the sandy hook tragedy was a watershed event that has raised the national debate on gun control to an unprecedented level. as a firm, we are investors not statesmen or policymakers. our role is to make investments on behalf of our clients who are comprised of the pension plans of firemen teachers, policemen and other municipal workers and unions and endowments and other institutions and individuals." it seems like money talks afterall. at least in the world of private equity. now california state treasurer bill lockyer has asked the states' two largest pension funds,
Dec 19, 2012 3:00am PST
. they changed this country. the people who have lost their kids at aurora colorado and newtown connecticut. yesterday we heard from sandy phillips here with the brady hill campaign on capitol hill lost other daughter in the theater shooting in aurora. >> congress, the senate and our president now have an opportunity to be a hero as well and stop the blood shed. >> bill: whether they call themselves mothers against assault weapons or mothers against gun violence or whatever, i think this is going to change the debate. good news yesterday on the gun front and, we are finally, exposing the nra for what it is. 866-55-press. let's talk about it. does this end the stranglehold that the nra has had on so many spineless politicians, democrats and republicans? you tell me. >> this is the"the full court press: the bill press show," live on your radio and on current tv. [ music ] >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten commandments is what you're telling me. >> she's joy behar. ... and current will let me say anything.